Corporate governance - Vigil
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August 20, 2021 10:47 AM
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Johnson & Johnson CEO Alex Gorsky to step down, company veteran Joaquin Duato to take over in 2022

Johnson & Johnson CEO Alex Gorsky to step down, company veteran Joaquin Duato to take over in 2022 | Corporate governance - Vigil | Scoop.it
The world’s biggest maker of health care products said late Thursday that Joaquin Duato will become CEO and a member of the company’s board of directors on January 3.
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August 20, 2021 10:46 AM
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Air Canada sees ‘strategic advantage’ for cargo business in Toronto hub as shippers avoid U.S. crunch

Air Canada sees ‘strategic advantage’ for cargo business in Toronto hub as shippers avoid U.S. crunch | Corporate governance - Vigil | Scoop.it
Lifted by e-commerce demand, cargo-only flights emerged as a lifeline for carriers during the pandemic when commercial traffic slumped. Half of air cargo normally travels in the belly of passenger jets.
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August 20, 2021 10:43 AM
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TD joins RBC in requiring vaccines for staff returning to the office 

TD joins RBC in requiring vaccines for staff returning to the office  | Corporate governance - Vigil | Scoop.it
Staff not vaccinated will be required to complete training about vaccination benefits, submit to mandatory rapid testing and wear a mask at all times
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August 20, 2021 10:39 AM
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The SEC wants to know how well companies are treating their workers

The SEC wants to know how well companies are treating their workers | Corporate governance - Vigil | Scoop.it
Securities and Exchange Commission Chair Gary Gensler said this week he is asking SEC staff to consider a “human capital” disclosure requirement for companies.
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August 20, 2021 10:36 AM
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Quirks in a U.S. Treaty With Malta Turn Into a Tax Play

Quirks in a U.S. Treaty With Malta Turn Into a Tax Play | Corporate governance - Vigil | Scoop.it
An offshore tax shelter promises rich Americans they can avoid lots of capital-gains taxes by setting up pension plans in Malta—and maybe some can
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August 20, 2021 10:35 AM
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Google Health Boss Leaves to Take Over Cerner

Google Health Boss Leaves to Take Over Cerner | Corporate governance - Vigil | Scoop.it

David Feinberg, who led Google’s ambitious and sometimes controversial push into healthcare, is leaving the search giant to become Cerner Corp.’s chief executive officer.

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August 20, 2021 9:08 AM
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Is Less Regulation Better For the Capital Markets?

Is Less Regulation Better For the Capital Markets? | Corporate governance - Vigil | Scoop.it
Recent events have prompted the need for tighter regulation. As a result, the remuneration of CEOs has skyrocketed relative to that of workers. Bonuses and stock options are responsible for a large portion of this remuneration. Deceptive, if not fraudulent, accounting techniques were uncovered in several large businesses and were typically meant to line the pockets of insiders. This conduct harmed investors.
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August 19, 2021 10:56 AM
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Tackling the Climate Crisis

Tackling the Climate Crisis | Corporate governance - Vigil | Scoop.it
Record Number of Investors and Companies LEAD on Climate Policy
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August 19, 2021 10:53 AM
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Australian watchdog considers regulating Apple and Google to boost app store competition 

Australian watchdog considers regulating Apple and Google to boost app store competition  | Corporate governance - Vigil | Scoop.it
Push comes as Fortnite creator Epic Games fights a global legal battle against the tech giants over in-app payments
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August 19, 2021 10:43 AM
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U.S. Jobless Claims Fell to Pandemic Low of 348,000 Last Week

U.S. Jobless Claims Fell to Pandemic Low of 348,000 Last Week | Corporate governance - Vigil | Scoop.it
Data suggests the labor market continues to heal, with claims down for four straight weeks
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August 19, 2021 10:40 AM
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Knight Therapeutics’ new CEO Samira Sakhia looks to usher in the next generation of leaders still facing barriers

Knight Therapeutics’ new CEO Samira Sakhia looks to usher in the next generation of leaders still facing barriers | Corporate governance - Vigil | Scoop.it
It’s not often a business leader relinquishes daily control of a corporation to someone who’s virtually their polar opposite.
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August 19, 2021 10:22 AM
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New report suggests a 'fully-funded' expanded Canada Pension Plan might not be such a sure thing

New report suggests a 'fully-funded' expanded Canada Pension Plan might not be such a sure thing | Corporate governance - Vigil | Scoop.it
The C.D. Howe Institute suggests that over the next 40 years the expanded Canada Pension Plan will achieve 90% of targeted benefits only 54% of the time
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August 18, 2021 11:14 AM
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Should we be worried about technological progress?

Should we be worried about technological progress? | Corporate governance - Vigil | Scoop.it
Examining historical attitudes towards innovation can teach us how to view technology today
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August 20, 2021 10:47 AM
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Woodside Petroleum paying new female CEO about 25% less than her predecessor

Woodside Petroleum paying new female CEO about 25% less than her predecessor | Corporate governance - Vigil | Scoop.it
Details of O’Neill’s pay package were buried in flurry of news on Tuesday, when her appointment as permanent chief executive officer was confirmed and she announced a A$40-billion merger with the oil and gas arm of BHP Group.
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August 20, 2021 10:46 AM
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Fairfax sells Toys ‘R’ Us Canada to Putman Investments, excluding real estate

Fairfax sells Toys ‘R’ Us Canada to Putman Investments, excluding real estate | Corporate governance - Vigil | Scoop.it
Putman Investments Inc. said it will purchase the retail business of Toys “R” Us and Babies “R” Us Canada from Toronto-based Fairfax Financial Holdings Ltd., three years after the insurance conglomerate acquired the company for $300-million.
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August 20, 2021 10:40 AM
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Bill Ackman to return $4bn to Spac investors if new vehicle is approved 

Bill Ackman to return $4bn to Spac investors if new vehicle is approved  | Corporate governance - Vigil | Scoop.it
Bill Ackman has proposed returning $4bn he raised from investors in his special purpose acquisition company if he secures regulatory approval to launch a new vehicle, saying a lawsuit filed earlier this week had impaired his ability to strike a deal.
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August 20, 2021 10:37 AM
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U.S. to Eliminate Student Debt for Borrowers With Permanent Disabilities

U.S. to Eliminate Student Debt for Borrowers With Permanent Disabilities | Corporate governance - Vigil | Scoop.it
Move, which will affect more than 323,000 borrowers, is part of piecemeal effort to provide debt relief
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August 20, 2021 10:36 AM
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China Passes One of the World’s Strictest Data-Privacy Laws

China Passes One of the World’s Strictest Data-Privacy Laws | Corporate governance - Vigil | Scoop.it
China’s once-freewheeling internet faces new rules protecting personal data, as the world’s largest online population awakens to privacy concerns
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August 20, 2021 10:32 AM
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Why Amazon Is Getting More Physical

Why Amazon Is Getting More Physical | Corporate governance - Vigil | Scoop.it
E-commerce giant needs showrooms for its growing line of private labels—and other retailers are unlikely to help
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August 19, 2021 11:20 AM
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Norway’s oil fund propelled to 9% return by strong equity performance 

Norway’s oil fund propelled to 9% return by strong equity performance  | Corporate governance - Vigil | Scoop.it

Norway’s $1.4tn oil fund produced a return of 9.4 per cent in the three months to the end of June, propelled by a 13.7 per cent return from equities while its bond and renewable energy portfolios had negative returns.

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August 19, 2021 10:53 AM
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The board’s role in ESG oversight, according to Bill McNabb

The board’s role in ESG oversight, according to Bill McNabb | Corporate governance - Vigil | Scoop.it
‘In the next year or two, deep [board level] engagement with investors around what matters and what doesn’t will be really helpful,’ McNabb says
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August 19, 2021 10:44 AM
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Intel CEO Calls Chip Maker ‘Willing Buyer’ as Industry Consolidates

Intel CEO Calls Chip Maker ‘Willing Buyer’ as Industry Consolidates | Corporate governance - Vigil | Scoop.it
Intel Corp. Chief Executive Pat Gelsinger is committed to buying other chip-makers as the industry consolidates, despite a leading acquisition candidate’s plan to go public.

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August 19, 2021 10:40 AM
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Caisse real estate unit rebounds in first half after two-year downturn

Caisse real estate unit rebounds in first half after two-year downturn | Corporate governance - Vigil | Scoop.it
After two difficult years in real estate, Caisse de dépôt et placement du Québec is showing signs of turning around its troubled portfolio.
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August 19, 2021 10:29 AM
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Many Canadian executives who took COVID-related salary cuts ended up with higher total pay anyway — here's why

Many Canadian executives who took COVID-related salary cuts ended up with higher total pay anyway — here's why | Corporate governance - Vigil | Scoop.it
Company boards ensured executives were insulated from the fallout, new report says
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August 19, 2021 10:13 AM
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When Activist Investors Should Slash R&D — and When They Shouldn’t

When Activist Investors Should Slash R&D — and When They Shouldn’t | Corporate governance - Vigil | Scoop.it
In order to reduce the debt levels imposed by Covid-19, governments will need their country’s economies to grow. Corporate innovation is the major source of economic growth. Unfortunately, companies are generally wasteful in R&D spending, according to a measure called RQ, which allows you to assess the profits generated for the last dollar of R&D.
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